Indemnification of the Custodian. MRFC agrees to indemnify and hold harmless the Custodian and its directors, officers, employees, agents and nominees from all taxes (except taxes on the net income of the Custodian, its agents and its nominees), charges, expenses, assessments, claims and liabilities (including reasonable legal fees and expenses) incurred by any of them in connection with the performance of this Agreement, except such as may arise from any negligent action, negligent failure to act or willful misconduct on the part of the indemnified entity.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Mellon Residential Funding Corp), Pooling and Servicing Agreement (Mellon Residential Funding Cor Mor Pas THR Tr Ser 1999-Tbc3), Pooling and Servicing Agreement (Mellon Residential Funding Cor Mor Pas THR Cer Ser 2000-Tbc1)
Indemnification of the Custodian. MRFC agrees to indemnify and hold harmless the Custodian and its directors, officers, employees, agents and nominees from all taxes (except taxes on the net income of the Custodian, its agents and its nominees), charges, expenses, assessments, claims and liabilities (including reasonable legal fees and expenses) incurred by any of them in connection with the performance of this Agreement, except such as may arise from any negligent action, negligent failure to act or willful misconduct on the part of the indemnified entity.,
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mellon Residential Funding Corp Mort Pas THR Tr Se 2000 Tbc2)
